HP HIRE LIMITED

🌳Matureactive

NI037208 · ltd · incorporated 1999-10-26

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 14.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£1.32M

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Renting and leasing of construction and civil engineering machinery and equipment

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 14.7y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 14.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,324,957

Cash YoY

+50%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£247k

↑ 50% YoY

Net Worth

£1.3m

↑ 11% YoY

Current Assets

£602k

↑ 22% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£2.01M	£1.88M
Current assets	£602.1k	£495.3k
Cash	£247.2k	£164.7k
Debtors	£158.8k	£142.6k
Net assets	£1.32M	£1.19M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-04-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-07
✏️
certificate-re-registration-unlimited-to-limited
change-of-name · CERT1
2018-11-07
📄
re-registration-memorandum-articles
incorporation · MAR
2018-11-07
📄
resolution
resolution · RESOLUTIONS
2018-11-07
✏️
reregistration-private-unlimited-to-private-limited-company
change-of-name · RR06
2017-10-13
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-09-29
🔒
Charge registered #2
Lender: Ulster Bank Limited
2016-02-19
📄
resolution
resolution · RESOLUTIONS
2016-02-01
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2016-02-01
✏️
change-of-name-notice
change-of-name · CONNOT
2014-12-08
➕
HAMILTON, Mark appointed
director
2011-09-20
🔒
Charge registered #1
Lender: Ulster Bank Limited
2006-07-31
➕
HAMILTON, Roberta appointed
director
2006-07-31
➖
PRESTON, Derek resigned
director
1999-10-26
🏢
Company incorporated
As HP HIRE LIMITED
1999-10-26
➕
HAMILTON, Ronald appointed
secretary
1999-10-26
➕
HAMILTON, Ronald appointed
director
1999-10-26
➕
PRESTON, Derek appointed
director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Ronald Hamilton Individual · British · DOB 04/1952 · age 74	50–75%	50–75%	50-75% shares · 50-75% voting	01/05/2016
Mrs Irene Carol Roberta Hamilton Individual · British · DOB 02/1952 · age 74	25–50%	25–50%	25-50% shares · 25-50% voting	01/05/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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VALUE VAN RENTAL UK LTD→ NI629512 · est 2015	£1.38M £1.02M–£1.75M	£2.12M	—	700	11y	91	58y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeltd

Incorporated1999-10-26

Jurisdictionnorthern-ireland

Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment

Registered office

5 Black Stick Road

Killyhevlin Industrial Estate

Enniskillen

Fermanagh

BT74 4EB

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-11-09

Last: 2025-10-26

Officers (4 active · 1 resigned)

HAMILTON, Ronald→

secretary · appointed 1999-10-26

View their other companies + combined net worth →

Active

HAMILTON, Mark→

director · ~41y · appointed 2014-12-08

View their other companies + combined net worth →

Active

HAMILTON, Roberta→

director · ~74y · appointed 2006-07-31

View their other companies + combined net worth →

Active

HAMILTON, Ronald→

director · ~74y · appointed 1999-10-26

View their other companies + combined net worth →

Active

PRESTON, Derek→

director · ~79y · appointed 1999-10-26 · resigned 2006-07-31

Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	NatWest Group Ulster Bank Limited	A registered charge	1 property	29/09/2017	—
	outstanding	NatWest Group Ulster Bank Limited	Mortgage debenture	1 property	20/09/2011	—

Click column headers to sort. Use filters above to narrow by status and lender.